His comment doesn't mention poor people "someone in a third-world country to keep money away from a hyperinflating currency". Not that many people living in thi

His comment doesn't mention poor people "someone in a third-world country to keep money away from a hyperinflating currency". Not that many people living in third world countries are considered poor anymore. It is not a middle-class (European style) but they certainly are able to save some money. Banks are not interested in that low-middle-class which make up most of the population in cities like Mexico City, Sao Paolo, Kolkata or Beijing, so the only store of value they have access to are state-sponsored/controlled pension funds (which they may never get back) or real estate in areas where property rights are not that well defined. So crypto is a very real answer to these people that are connected to the internet 24/7 through their smartphones. Your comment mostly applies to rural areas in 3rd countries.